The president of the European Commission (EC), José Manuel Durão Barroso, has blamed the Bank of Spain for making very significant errors of supervision that fuelled the Spanish banking crisis.
Marble industry in crisis
Mayors and businessmen from the marble producing areas have been meeting to try and agree some sort of reorganisation to save the industry which has been heavily affected by the economic crisis. Four companies have already gone under, 225 have cash flow problems and over 1,000 workers have lost their jobs. A further 4,000 could also lose their jobs of …
Crisis in the fishing industry
Spanish fishermen are protesting about the price of diesel and in Madrid they are giving away 20 tons of fish as part of their action.